Anderson County SC Real Estate Market Report March 29 2015

28 Homes Sold in Anderson County

There were 18 homes in Anderson, 3 in Belton, 1 in Easley ( Wren schools ), 1 in Grenville ( Powdersville area ), 1 in Iva and 4 in Pendleton reported as sold this week.

Only single family homes were reported as sold this week in Anderson County.

The average price of the homes reported sold this week was $137,281.

The median price of the homes reported sold this week was $97,000.

The average days on market was 141.

Remember this is for only 1 week and 28 homes!

Because these statistics are for only one week and all of Anderson County, it may not tell you what is possible for a specific home. As always there may have been more closings but the agent has not turned in the closing sheet to the WUAR MLS yet.

This is only the basics of what happened last week in Anderson County real estate.

 

Least Expensive Home Reported Sold in Anderson County

The least expensive house reported sold this week was a 900 SF 1 bedroom 1 bath house on less than 0.25 acres in the city limits of Iva. It sold for $7,000 CASH after being on the market for 389 days. Originally hit the market at $17,477.

Located in the 29655 Zip Code and the Crescent High, Starr-Iva Middle and Iva Elementary school district per MLS info.

Tiny home and since it is over 50 years old, you have to expect the home to have some issues. If you compare the original list price to the final sold price, it appears the home was overpriced when it hit the market.

 

Most Expensive Home Reported Sold in Anderson County

The most expensive home reported sold this week was a 4628 SF 4 bedroom 4 bath house on 1.32 acres in Anderson. It sold for $531,299 after being on the market for 54 days. Originally hit the market at $576,000.

Located in the 29621 Zip Code and the TL Hanna High, McCants Middle and Concord Elementary school district per MLS info.

Waterfront Hartwell Lake home. Foreclosure and no mention of a dock or if the property is Green Zone. The home was listed prior to being foreclosed and it used to have a dock. But if you look at the satellite view of the property you can see the home was high and dry during the last drought.

Nice home bu I am not sure I would pay over $500,000 for a home with iffy water…

 

  Sold Deal of the Week in Anderson County

In my opinion, the best deal of the homes sold this week was a brick 3 bedroom 1.5 bath house on 1.6 acres in Pendleton. It sold for $80,000 after being on the market for 180 days. Originally hit the market at $87,500.

Located in the 29670 Zip Code and the Pendleton High, Riverside Middle and Mount Lebanon Elementary school district per MLS info.

Located in the wonderful Five Forks area. Heat pump only 6 years old. 2 car attached carport. Nice rear deck.

 

Foreclosures and Short Sales in Anderson County

4 of the homes reported sold this past week were foreclosures.

None of the homes reported sold was a short sale.

Today there are 68 foreclosed homes for sale in Anderson County.

Today there are 21 homes listed as a short sale in Anderson County.

 

Inventory and Absorption Rate in Anderson County

Today there are 1359 homes for sale in Anderson County.

  If homes in Anderson County continue to sell at the same pace and no more homes hit the market, it will take 339 days to sell all the available homes. This statistic is for all homes in Anderson County and based only on this week’s activity.

Depending on the home/location/price range, this may not tell you what is possible or realistic for a specific home! It could be better or worse!

 

New Listings in Anderson County

There were 67 new listings to hit the MLS this week in Anderson County.

  This Week’s Hot New Listing in Anderson County

The best deal in my opinion of this week’s new listings is a 2000 +/- SF 4 bedroom 3 bath house on 1 acre in Anderson. Hit the market at $159,900.

Located in the 29621 Zip Code and the TL Hanna High, McCants Middle and Concord Elementary school district per MLS info.

Foreclosure. Great location. Awesome brick and stone patio with fire pit. Fresh paint on the inside. Formal living room. Hardwood, ceramic tile and carpet floors. Bonus room, laundry room. 2 car attached garage.

 

Looking Forward

31 homes were reported as going Under Contract (Pending) this week.

Currently there are 221 homes in the MLS with an Under Contract (Pending) status.

 

The Fine Print:

This report covers what happened for the week ending March 29 2015 based on information from the Western Upstate Multiple Listing Service for the period March 22 2015 through March 29 2015.  All this data is from the Western Upstate Association of REALTORS® Multiple Listing Service.

Any snarky or sarcastic comments are from your truly…